I am still lurking on Board and will buy when it possibly gets to 11, I see that as good entry.
I feel for people like Swedelo, Skippard, etc. still holding and buying on dips.
This stock was a one hit wonder, let's face it and now has hit that Earnings Growth Brick Wall. It sells at a low PE for a reason, that is because it may not even grower faster than a multiple of 7.
I went to Toys r Us also last weekend, and to my amazement two other competitors Tiger and Playmates already had nice versions of the Deer Hunting Game out, No Radica BuckMaster in site. Even if it was there, big deal, Radica faces a Market where competition is everywhere and also competition has more money to stomp on Radica.
Radica started a neat trend with Bass Fishing in Hand Held Electronic GAmes, but now competitors have caught on, and will dilute any Big Sales immediately that Radica may receive.
The party is over, a BuyOut is the only hope for now, I call it Dead Money and that is why I had to sell.
My Live Money is in EMC, CSCO, LU, WCOM, ORCL, INTC, MSFT, DELL, AOL,SUNW, MCK (got bad hit), ESRX great small co., WMT, MRK and PFE., and this is where the action is.
Good Luck to all, Radica was a nice dream, but somehow derailed...
jim |
